The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost selling expenses Manufacturing overhead applied to work in process $ 90,800 s 139,000 s 107,e0e $44,00e s 207,eee $ 223,08e Work in process Finished goods $ 8,60e 10,600 s 5,900 20,280 s 73,000 25,500 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold 3. Prepare an income statement. Complete this question by entering your answers in the tabs below le of Cost of Goods Man Next > K Prey 5 of 6